Directors might opt to either lend money to or borrow from their own company. This type of transaction is called a director’s loans, and they are recorded in the Director’s Loan Account.
Read More »Understanding Director’s Loan Account (DLA) and the risks involved
There can be nothing more frustrating for business owners than waiting on payments from clients.Read More »How businesses can tackle late payments while preserving business relationships
As a new business owner, you may feel you can manage your workload single-handedly.
There are many reasons for changing how a business operates which may include changing relationships between business and customers. As online trading grows exponentially, businesses are also pursuing new economic activities in virtual markets.
Read More »What is the reason for changing a business structure?
With the UK’s hospitality and tourism sectors continuing to evolve, the pandemic and cost-of-living crisis have played a big role.
Read More »How hospitality and tourism are transforming in the UK
In order to grow and succeed, you need to effectively manage your finances and monitor the health of your business.
For most small businesses, Christmas is the busiest time of the year, which has a large impact on yearly revenue.
Read More »How small businesses can navigate the festive period
Many UK employers are topping up pay packets of valued employees with a cost-of-living payment when they are unable to offer a pay rise.
Read More »Supporting staff through the cost-of-living crisis
With SMEs throughout the country struggling to grow and maximise profits, given the economic headwinds, fraud could be a major problem.
As the UK labour shortage continues, it has been reported that Prime Minister Liz Truss is to launch a review of the UK’s visa scheme.
Read More »UK set to review foreign worker visa conditions to ease labour shortage
